Global Water Borne Coatings Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Water Borne Coatings Market Report by The Business Research Company covers water borne coatings market drivers and restraints, water borne coatings market size, major players, and the impact of COVID-19 on the water borne coatings market.
Solvents contain organic cosolvents that use water as a solvent to disperse resin.
There is a rapid growth in consumption of water borne coatings in many industries such as automotive, construction and manufacturing. Water borne coatings are widely used in printing inks, in the automotive OEM sector, plastics and other manufacturing industries. Therefore, growth in end-user industries is expected to drive the market for water borne coatings.
The global water borne coatings market is expected to grow from $132.57 billion in 2020 to $143.59 billion in 2021 at a compound annual growth rate (CAGR) of 8.3%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $169.72 billion in 2025 at a CAGR of 4%.
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Some water borne coatings market trends include adoption of smart coatings and high-performance coating technologies by companies to enhance efficiencies of coating compounds. Nano coatings, are a type of smart coating that have extremely tiny particles and unique characteristics such as flexibility, resistance to corrosion and micro bacterial growth. Fluoropolymer coating is known for its high-performance properties such as long-life cycle and high-cost efficiency.
Global water borne coatings market segments include:
1) By Type: Acrylic, Epoxy, Polyurethane, Polyester, Alkyd, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), Others.
2) By Application: Appliances, Automotive, Architectural, Marine, Packaging, Wood, General Industrial.
3) By End-User Industry: Building And Construction, Automotive, Industrial, Wood, Other.
4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Water Borne Coatings Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides water borne coatings market overviews, analyses and forecasts market size, share, water borne coatings market players, water borne coatings market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The water borne coatings market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Water Borne Coatings Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: BASF SE, Axalta Coating Systems LLC, Berger Paints India Ltd, Kansai Paint Co., Ltd., Nippon Paint Holdings Company Ltd, PPG Industries Inc., RPM International Inc.,, The Sherwin-Williams Company, The Valspar Corporation, Tikkurila Oyj, Asian Paints Ltd., Benjamin Moore & Co., Jotun, Chenyang Waterborne Paint, Sika AG, Hempel A/S, Shalimar Paints, S K Kaken Co., Ltd, Beckers Group, Dunn-Edwards Corporation, Tiger Coatings GmbH & Co. Kg, Diamond Vogel Paint Company, Kelly-Moore Paints, Vista Paint Corporation, Indigo Paints Pvt Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Water Borne Coatings Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Water Borne Coatings Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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